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Ionic Rare Earths Limited ( (AU:IXR) ) just unveiled an announcement.
Ionic Rare Earths Limited announced the issuance of 124,000,000 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until the restrictions are lifted, reflecting the company’s strategy to incentivize its workforce and align their interests with long-term corporate goals.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited operates in the mining industry, focusing on the extraction and processing of rare earth elements. These elements are crucial for various high-tech applications, including electronics, renewable energy, and defense sectors.
Average Trading Volume: 28,153,606
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$94.47M
Find detailed analytics on IXR stock on TipRanks’ Stock Analysis page.